A term that entered German financial language around 2005 for a business in which loans are created, then securitized, and finally sold to investors in tranches. – See originate-to-distribute strategy, securitization. – ECB Monthly Bulletin, January 2012, p. 73 et seq. (explaining the transactions and the relationships they create in the financial market).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/